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U.S. Says USMCA Talks Will Run Past July 1 as It Weighs Exit Steps

Washington aims to keep USMCA's core with country-specific fixes.

Overview

  • U.S. Trade Representative Jamieson Greer said the administration does not expect to finish reworking the North American trade pact by the July 1 review.
  • Greer said the U.S. may start the pact’s exit track to keep negotiations going, a process that moves USMCA into annual reviews for up to a decade.
  • He said he must notify Congress of the administration’s intentions by June 1, a required step ahead of the formal review.
  • Greer expects to preserve the agreement’s main pillars and negotiate two separate protocols with Mexico and Canada to address distinct issues in each relationship.
  • He cited President Donald Trump’s dissatisfaction with a surge of auto imports from Mexico and increased steel and aluminum shipments from both neighbors as key drivers for change.